#BotOrNot In the dynamic world of cryptocurrency trading, automation tools like trading bots have become essential for both novice and experienced traders. These bots operate 24/7, executing trades based on predefined strategies, thereby eliminating emotional biases and enhancing trading efficiency. 
However, the rise of such automation also brings challenges. Malicious actors may deploy sniper bots that exploit new token listings, leading to fraudulent activities like rug pulls. A study analyzing the Binance Smart Chain (BNB) and Ethereum blockchains revealed that about 60% of tokens are active for less than one day, with 1% of addresses creating an anomalous number of tokens. These disposable tokens are often used for quick fraudulent schemes, generating significant profits for the perpetrators.